Money includes a host of financial assets. Which of the following is/are included in the financial assets?

Land

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Stocks

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Bonds

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All the above

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Solution

The correct option is D All the above

Money acts as a store of value, where money functions by helping individuals to store their wealth in the form of money. Therefore, money acts as an asset that sustains value over a period of time because it is non-perishable due to which it includes a host of financial assets as all the financial assets can be hosted or stored in terms of money. Therefore, money includes a host of financial assets.

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Q31) Consider the statements about Financial Action Task Force:

1. The FATF Secretariat is housed at the headquarters of the OECD in Paris.

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Which of the above statements is/are correct?

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